117 SE Somerset DrLees SummitMO64063
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lees Summit at 117 SE Somerset Dr, Lees Summit, MO, 64063 with 5% annual appreciation on a $448,000 basis while $3,686/mo rent supports operations. Total monthly income totals $3,686/mo and a $2,193/mo payment preserves $896/mo for cash returns. Annual cash flow comes to $10,748/yr on $148,512 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $2,891/yr, and five-year appreciation sums $123,774 alongside rental yield of 9.87%. Five-year ROI measures 141.71% and total cumulative return in cash totals $210,458.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,686/mo property income versus a $2,193/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64063, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,897 (100%) |
| Owner Occupied HU | 5,603 (63.0%) |
| Renter Occupied HU | 2,937 (33.0%) |
| Vacant Housing Units | 357 ( 4.0%) |
| Median Home Value | $276,700 |
| Average Home Value | $301,397 |
Housing Distribution
Address Breakdown
Residential
8,480
Single Family
8,176
Multi-Family
304
Businesses
1,302
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